Adjusted EBITDA Requirement

Example Definitions of "Adjusted EBITDA Requirement"
Adjusted EBITDA Requirement. Means the achievement by Health Management, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: Percentage of Targeted Adjusted EBITDA AchievedDuring Grant Year Percentage of Performance Shares thatBecomes the Earned Performance Shares at theConclusion of the First Grant Year andBecomes Eligible for Vesting Less than 90.0% 0 % 90.0% - 92.4% 50 % ... 92.5% - 94.9% 60 % 95.0% - 97.4% 75 % 97.5% - 99.9% 90 % 100.0% or more 100 % View More Arrow
Adjusted EBITDA Requirement. Means the achievement by Health Management, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: Percentage of Targeted Adjusted EBITDA AchievedDuring EBITDAAchieved During Grant Year Percentage of Performance Shares thatBecomes Sharesthat Becomes the Earned Performance EarnedPerformance Shares at theConclusion of the First Grant Yearand Becomes Eligible for Vesting Percentage of Cash... PerformanceAward that Becomes the EarnedCash Amount at the Conclusionof the First Grant Year andBecomes Eligible for Vesting Less than 90.0% 0 % 0 % 90.0% - 92.4% 50 % 50 % 92.5% - 94.9% 60 % 60 % 95.0% - 97.4% 75 % 75 % 97.5% - 99.9% 90 % 90 % 100.0% or more 100 % 100 % View More Arrow
Adjusted EBITDA Requirement. Means the achievement by Health Management, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: Percentage of Targeted Adjusted EBITDA AchievedDuring Achieved During Grant Year Percentage of Performance Shares thatBecomes the Earned Performance Shares at theConclusion of the First Grant Year andBecomes AdjustedEBITDA-Based PerformanceAwards Eligible for For Vesting Less than 90.0% 0 % 0% 90.0% - 92.4% 50 % 50% 92.5% - 94.9% 60 % 60% 95.0% - 97.4% 75 % 75% 97.5% - 99.9% 90 % 90% 100.0% or more 100 % (and over) 100% View More Arrow
Adjusted EBITDA Requirement. Means the achievement by Health Management, Management of Adjusted EBITDA, as determined by the Committee, of Adjusted EBITDA in an amount equal to the necessary percentage of Targeted Adjusted EBITDA as set forth in the following table: 0 Percentage of Targeted Adjusted TargetedAdjusted EBITDA AchievedDuring Achieved During Grant Year Percentage of Performance Shares thatBecomes the Earned Performance Shares at theConclusion of the First Grant Year andBecomes Vesting Component Eligible for For... Vesting Less than 90.0% 0 % 90% 0% 90.0% - 92.4% 50 % 50% 92.5% - 94.9% 60 % 60% 95.0% - 97.4% 75 % 75% 97.5% - 99.9% 90 % 100.0% or more 100 % 90% 100% (and over) 100% View More Arrow
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